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Bacolod City, Philippines Saturday, November 12, 2005
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Cebu Pacific slashes
fares by 60 percent

Cebu Pacific yesterday began offering special bargain fares at up to 60 percent lower than standard rates as part of an effort to attract two million passengers next year, airline officials said.

The year-long promotion comes as the airline takes steps to modernize its fleet with two Airbus A320 aircraft and two Airbus A319s already delivered this year with two more A319s due to be delivered in December.

A320 and A319s are set to arrive by the first half of 2007, replacing the airline's fleet of DC-9 and Boeing 747s.

'ERC ruling vs. electric coops
a partial victory for consumers'

The Freedom from Debt Coalition yesterday hailed the Energy Regulatory Commission decision dismissing for lack of jurisdiction the application of the 21 electric cooperatives in Regions 6, 7 and 8 to adopt a tax recovery adjustment charge in their rates.

In a press statement, the FDC said the decision is a partial victory for consumers amidst the flurry of rate increases brought by, among others, the Expanded Value Added Tax.

The ERC, in its 20-page decision, said that an evaluation of the pre-filing documents submitted by the applicants show that these are not in compliance with the mandatory requirements, having only published a mere notice of application.

Weekend brownouts slated

Consumers under Reclamation Feeder 3 will experience a power interruption from 8 a.m. to 5 p.m. today, a press release from Central Negros Electric Cooperative said, without specifying the areas covered.

On Sunday, consumers under Alijis Feeder 4 will also experience power interruption from 8 a.m. to 5 p.m. due to line clearing and repair, the CENECO press release also said, adding that it will replace and relocate electric poles in various areas and will conduct clearing work.

Affected consumers are advised to make necessary preparations to avoid undue inconvenience, the press release said.

Business
Cebu Pacific slashes fares by 60 percent
'ERC ruling vs. electric coops a partial victory for consumers'
Weekend brownouts slated
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